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OpenLink to manage cross-border energy trading and risk management of MET Group

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Oilfield Technology,

OpenLink, the global leader in trading and risk management solutions to the energy, commodities, corporate and financial services industries, has announced that MET Group has chosen OpenLink to manage its cross-border, multi-commodity energy trading risk management and REMIT reporting.

MET Group selected OpenLink following extensive discussions with a number of vendors. OpenLink came out on top for the strength of its offering, the ease of implementation and its industry leading position as a provider with a long-term commitment to the energy sector. The solution is expected to be fully operational in fewer than six months.

Harry Nota, Head of Energy, EMEA at OpenLink, said: “MET Group is well positioned as the European energy market evolves, and it’s great be supporting them through those changes. As Europe inches ever-closer to a single energy market, cross-border trading opportunities become more frequent and more competition enters the market. Companies like MET Group are nimble enough to take advantage of these opportunities, and they’re recognising early the need for the smartest technology to help them thrive in this new European market environment.”

Edited from press release by

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